# First week without the cepo: dollar rises and falls, impact on prices remains unclear - Buenos Aires Herald

> Argentina's first week without currency restrictions passed without a major crisis, with the official rate jumping from 1,108 to 1,233 per dollar on the first trading day. The rate then fell to 1,179.5 by Wednesday. The central bank opened the official market to foreign investors with a six-month minimum holding period.

- Date: 2025-04-18 · published 2025-04-18T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/25433-first-week-without-the-cepo-dollar-rises-and-falls-impact-on-prices-remains
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Volatile early trading and new access rules for foreign investors affect the currency conditions under which Argentine oilseed and grain exports are priced. That can shift export pace and meal and oil prices.

## Read by commodity

- SBM: neutral
- USDARS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-07-31 | [U.S. dollar exchange rate in Argentina hits all-time high of AR$1,380 - Buenos Aires Herald](https://feedsoft.ai/events/24045-u-s-dollar-exchange-rate-in-argentina-hits-all-time-high-of-ar-1-380-buenos.md) | +2.6% | +11.0% |
| SBM | 2024-07-16 | [Argentina’s new bid to ‘sterilize’ peso emissions lowers parallel dollar rates… now what? - Buenos Aires Herald](https://feedsoft.ai/events/29583-argentina-s-new-bid-to-sterilize-peso-emissions-lowers-parallel-dollar-rates.md) | +2.6% | -3.5% |
| SBM | 2023-07-31 | [Consulting firms: IMF disbursement will help Central Bank manage currency market - Buenos Aires Herald](https://feedsoft.ai/events/35335-consulting-firms-imf-disbursement-will-help-central-bank-manage-currency-market.md) | -1.9% | -6.6% |
| SBM | 2024-12-11 | [Exchange rate gap drops to 4%, a record low - Buenos Aires Herald](https://feedsoft.ai/events/27240-exchange-rate-gap-drops-to-4-a-record-low-buenos-aires-herald.md) | -0.6% | +1.2% |
| SBM | 2026-08-28 | [Exchange rate heats up to close August. Is Milei changing strategies? - Buenos Aires Herald](https://feedsoft.ai/events/18167-exchange-rate-heats-up-to-close-august-is-milei-changing-strategies-buenos.md) | +2.5% | +9.1% |

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/first-week-without-the-cepo-u-s-dollar-goes-up-and-down-impact-on-prices-remains-unclear

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.